Neeraj Rao,
Q: One of the longest waits for a flat come to an end for 164 homebuyers in Parsvnath Exotica buyers in Gurgaon.

Latest Answer: @Himani, I don't have any information regarding penalty for the delay but there are 164 buyers in blocks D-4, D-5 and D-6of Exotica who are yet to get possession. The 14 people who had approached the Allottee Grievance Redress Forum with their complaint against the developer will get possession first.

Q: It is a bunch of tall buildings without character, an area for low-cost housing and that is generally a place which is way too far.

Latest Answer: Above all, with 4 modes of transport, excellent rail network with world class stations, broad, well paved, tree-lined roads with dozens of flyovers and interchanges, and the upcoming air and water transport infrastructure, distance here can be calculated in minutes, not in hours as in other Indian metros. What New Jersey is to New York, what Downtown is to Dubai. Navi Mumbai will be to Mumbai, it is where people would like to settle and have a great life.

Q: Home prices drop after natural disasters but typically recover rapidly, providing buyers an opportunity for gains.

Latest Answer: Yes, buyers should consider a few things before jumping on an direct bargain. While every micro market has shown recovery in the long term, there are still many instances of slow recovery.

Q: This is Ask Groups' largest ever investment till date and has committed the amount from two of its domestic funds.

Latest Answer: Through its Real Estate Business Ask Group, manages funds under management of Rs 3300 crore and has committed Rs 2000 crore in 19 projects.

Q: Ahmedabad Municipal Corporation is going to allow four proposals of TDR by 15th August .

Latest Answer: Hi Neeraj, As per current news, Ahmedabad Municipal Corporation (AMC) has arranged the first arrangement of 2696 heritage properties in Ahmedabad, spread over 18 wards. As per different grades, those properties are sorted. AMC officers assess that around 150Cr can be produced from sale of trad-able FSI of buildings which have adequate heritage price and will be provided a trad-able FSI of 0.3.


Latest Answer: Hi Mr Rao, According to source, Mr Umesh, president of AFORD aforementioned that , AFORD had organized a property expo coinciding with the Union budget from February month 27 to March one. Although the step was encouraging step, none of the enquiries have translated into actual sales. We had regular it with the budget hoping that some positive announcements within the budget would improve market sentiments leading to increase in booking of housing units. This has not happened so far.

Q: Hi, Our government is yet to decide on whether the controversial general anti-avoidance tax law GAAR should be implemented as scheduled and has enough time to review that.
Latest Answer: Hi Vasanth, The government had earlier proposed imposing the General Anti-Avoidance Rules (GAAR) from April 1, 2015, for those claiming tax benefit of over Rs 3 crore. The rules are aimed at minimising tax avoidance for investments made by entities based in tax havens.

Q: I planning to buy a plot in this project but hardly there is any info available about this project on net. Kindly help

Latest Answer: I am looking for a long term investment so how is the locality for long term investment? Please comment.

Q: I have seen some advertisement of Meenakshi Paradise. Who is the builder of the project and what is the status of the project?

Latest Answer: One of my friend is planning to buy an apartment in Meenakshi Paradise for investment purpose but do you think HSR Layout is safe for end use purpose. Let me know your views.

Q: I want to invest in Prestige Silver Crest so can anyone provide me the current status of the project and the rates?

Latest Answer: Has BBMP approved the plan? Has Prestige Silver Crest been approved by banks/housing finance institutions (HFIs) for loans?

Q: How is the real estate in Bandra and what is the ongoing price trend going in this area?

Latest Answer: What are the upcoming projects in Bandra?

Q: Can anyone guide me as which is a good option to go for at this point of time resale apartments or under construction apartments?

Latest Answer: Document verification and all that nowadays has got least preference as maximum projects are clear titled and you should lookout for Pre launch or the Launch projects to Invest.... for More Details Please Call Back Shariff 9483427861/ Email rapidrealtyindia@yahoo.com

Q: As far as I know the project is in pre launch stage. What is the the pre launch price and how much they are planning to increase after launch?

Latest Answer: What is the launch date? It is over a year since their pre-launch!

Q: Is there any pre launch offer going on for this project?

Latest Answer: How is the residential real estate market doing in this locality and how is the connectivity?

Q: Hello, I am interested in buying a villa/5BHK flat. Kindly furnish the necessary details about the types of property available at Adarsh Nagar.

Latest Answer: Please tell me some of the upcoming projects ?

Q: Which are the projects offering 2 BHK apartments in Bannerghatta Road?
Latest Answer: The locality is easily accessible and is highly in demand. The construction of the Metro Rail has opened more opportunities and uplift the investment scenario. The Real Estate is also booming in the locality.

Q: What the real estate developers have decided to increase the house sale count?
Latest Answer: The discounts and new launches offered by real estate developers has increased the sales volumes across cities during January-March. The launch price of properties was lower than market rates.

Q: Hi..all the the city is witnessing sewage outflow. Any step taken by Chennai metro water to prevent this..?
Latest Answer: Hi all..The Metro Water is also planning to introduce automated inline water quality monitoring system which will continuously monitor the quality of water supplied to residents.

Q: Hi, I heard that some issue is there with the Property tax dept and NMC.. any updates on it?
Latest Answer: Hi all, the Corporation collects a property tax of Rs 4.40 to Rs 4.45 per square metre from industries and Rs 11 per sq metre is calculated from business houses. It charges Rs 22 per sq metre for hotels, but it is collecting less amount from some of the hotels..

Q: What is the Penalty for Illegal constructions in Hyderabad..?

Latest Answer: It is good that government land are into consideration this time. The illegal constructions going on government land were not assessed due to ambiguity in the GHMC Act on assessment of the encroached land. Now the squatters of encroached government land could no more enjoy the civic amenities and other facilities which resulted in loss of revenue.

Q: Hi..i am planning to buy a villa at Saket Bhu Sattva. Please let me know all details.

Latest Answer: Hi, What is the best price you got for your villas?

Q: i am looking for 3 bhks in this project in Bhiwadi. What is the price range? how is the area?

Latest Answer: Dear Neeraj, pls consider Vardhmans Springdale project also as the upcoming sec 3 roads are right next to it and they provide good options for 2 and 3 BHK with facilities like pool ,club, playschool,spacious rooms good for living and investment.

Q: What is being done on the illegal structures in Sindhdurga CRZ? Any updates?

Latest Answer: All the illegal structures in areas governed by the Coastal Regulation Zone notification have been directed to be demolished immediately. The Sindhdurga collector has passed the order recently and has informed the Maharashtra Coastal Zone Management Authority (MCZMA) to complete the survey of illegal structures.

Q: Is there any new residential project coming up in Gurgaon sector 67? What is the price price ? how is the builders reputation ?

Latest Answer: Hi Neeraj Gurgaon is coming up with various new porjects. Are you talking about any particular builder? The price range for 2 -3 bhk is 32 lac to 2.25 cr. You can check you few projects like Damas ,Premier Inn Panorama ,Ansals Esencia for the nice 2 and 3 bhk residential apartments. Do you need to know about any particular project?

Q: Looking at the statistics of Delhi real estate in 2012, it was rising up high, is it still good to invest in Delhi or NCR is still a hot cake?

Latest Answer: Neeraj if you are looking at commercial investment you can try in Khan market and GK 1 in Delhi, but if you looking at residential investment NCR is the best platform for real estate investment in recent years and you will get the maximum returns from this areas. Till 5 years according to news paper reports NCR will be a hot cake for real estate. You wanna invest where?and in what?

Q: Can anybody tell me about the service tax paid by the builders. As i want to book a flat in Hyderabad.

Latest Answer: Hi..if i have booked a under construction flat in Hyderabad , can my builder ask me to pay service tax on the amount of installments paid by me from July 1, 2010..??

Q: The state government has said that there is no need for a no-objection certificate from the developer. Is this applicable for under construction buildings?

Latest Answer: The state housing department has announced that there is no mention of requirement for NOC in the Maharashtra Ownership of Flats Act

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